ASAHI Net (TSE:3834) Operating Margin %: 8.85% (As of Mar. 2026) — 41% Below Median

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TSE:3834 ASAHI Net Inc TSE:3834
75 GF Score
Price 円625.00
GF Value 円754.40
Valuation Modestly Undervalued
! 1 Warning Sign
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What is ASAHI Net Operating Margin %?

ASAHI Net TSE:3834 +0.32% 75 Operating Margin % is 8.85% as of Mar. 2026, which is 41% below its 10-year median of 15.02. GuruFocus rates TSE:3834 with a GF Score™ of 75/100 and a GF Value™ of 円754.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 365 Telecommunication Services companies, ASAHI Net ranks better than 60.55% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. ASAHI Net's Operating Income for the three months ended in Mar. 2026 was 円301 Mil. ASAHI Net's Revenue for the three months ended in Mar. 2026 was 円3,400 Mil. Therefore, ASAHI Net's Operating Margin % for the quarter that ended in Mar. 2026 was 8.85%.

The historical rank and industry rank for ASAHI Net's Operating Margin % or its related term are showing as below:

TSE:3834' s Operating Margin % Range Over the Past 10 Years
Min: 9.03   Med: 15.02   Max: 17.94
Current: 13.25


TSE:3834's Operating Margin % is ranked better than
60.55% of 365 companies
in the Telecommunication Services industry
Industry Median: 9.69 vs TSE:3834: 13.25

ASAHI Net's 5-Year Average Operating Margin % Growth Rate was -0.40% per year.

ASAHI Net's Operating Income for the three months ended in Mar. 2026 was 円301 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,791 Mil.


ASAHI Net  (TSE:3834) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


ASAHI Net Operating Margin % Related Terms


ASAHI Net Operating Margin % Historical Data

* Premium members only.

The historical data trend for ASAHI Net's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ASAHI Net Operating Margin % Chart

ASAHI Net Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.85 15.14 16.08 17.94 13.25

ASAHI Net Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 15.03 15.25 13.92 8.85

TSE:3834 vs VZ, TMUS, T: Operating Margin % Comparison

For the Telecom Services subindustry, ASAHI Net's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ASAHI Net Operating Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, ASAHI Net's Operating Margin % distribution charts can be found below:

* The bar in red indicates where ASAHI Net's Operating Margin % falls into.


TSE:3834
75GF Score
ASAHI Net Inc TSE:3834
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASAHI Net Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

ASAHI Net's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1791 / 13517
=13.25 %

ASAHI Net's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=301 / 3400
=8.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 8.85% mean?
ASAHI Net (TSE:3834) has a Operating Margin % of 8.85% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on ASAHI Net and its competitors. This is 41% below median its historical median of 15.02. Over the past decade, ASAHI Net's Operating Margin % has ranged from 9.03 to 17.94. According to the industry distribution chart, ASAHI Net ranks #144 out of 365 companies in the Telecommunication Services industry, placing it in the top 39.5%.
Is ASAHI Net's Operating Margin % too high?
ASAHI Net's current Operating Margin % of 8.85% is 41% below median its 10-year median of 15.02. Over the past 10 years, this metric has ranged from a low of 9.03 to a high of 17.94. The Telecommunication Services industry median Operating Margin % is 9.69. ASAHI Net's value of 8.85% is 8.7% below this industry median. Based on the distribution chart, ASAHI Net ranks #144 out of 365 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, ASAHI Net has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAHI Net's Operating Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, ASAHI Net ranks #144 out of 365 companies for Operating Margin %. This puts ASAHI Net in the upper half of its industry. The industry median Operating Margin % is 9.69. ASAHI Net's value of 8.85% is 8.7% below this benchmark. Historically, ASAHI Net's own Operating Margin % has ranged from 9.03 to 17.94 over the past decade. While the company's 10-year median is 15.02 vs. the industry median of 9.69, ASAHI Net has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.69, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASAHI Net's current Operating Margin % of 8.85% is 8.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on ASAHI Net and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAHI Net's current Operating Margin % is 8.85%, which is 41% below median its own 10-year median of 15.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAHI Net stock overvalued right now?
Based on GuruFocus' analysis, ASAHI Net (TSE:3834) is currently considered Modestly Undervalued. The stock's GF Value™ is 円754.40, compared to a current price of 円625.00 — trading 17.2% below its estimated fair value. The current Operating Margin % is 8.85%, which is 41% below median its 10-year median of 15.02 and 8.7% below the Telecommunication Services industry median of 9.69. ASAHI Net's overall GF Score™ is 75/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For ASAHI Net (TSE:3834), the current Operating Margin % is 8.85% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ASAHI Net (TSE:3834) Overvalued in 2026?

Based on GuruFocus' analysis, ASAHI Net stock appears to be undervalued. The current stock price of 円625.00 is trading 17.2% below its estimated GF Value™ of 円754.40. GuruFocus considers ASAHI Net to be Modestly Undervalued.

Key valuation signals for TSE:3834:

  • Operating Margin %: 8.85% (41% below median its 10-year median of 15.02)
  • GF Value™: 円754.40 vs. price of 円625.00 (17.2% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 8.7% below the Telecommunication Services median (#144 of 365)

No single metric tells the full story. See the TSE:3834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASAHI Net Business Description

Address Ginza 4-12-15 Chuo-ku, Kabukiza Tower 21 Floor, Tokyo, JPN, 104-0061
ASAHI Net Inc is a Japan-based internet service provider. The company mainly offers internet connection services using fiber-optic technology and mobile networks, live survey system respon, system maintenance, and manufacturer maintenance. The company also provides learning management system named manaba.
75GF Score

Get the complete analysis for TSE:3834

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円625.00
Price
円754.40
GF Value